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The Auditing Standards Presume That the Auditor Will Request Confirmation

Question 74

Multiple Choice

The auditing standards presume that the auditor will request confirmation of accounts receivable balances unless


A) the transactions in accounts receivable are immaterial
B) the use of confirmations would be ineffective
C) the auditor can reduce the risk of issuing an audit opinion to an acceptable low level without confirming accounts receivable
D) the client believes that confirmations are not necessary

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